11 Quotes by Steven Rogel

If Willamette is prepared to negotiate a definitive merger agreement promptly, Weyerhaeuser is willing to increase its offer above $50 per share.

Our results reflect the strong U.S. housing market and continued unsettled world markets for pulp, paper and packaging products.

Our results in the third quarter reflect the difficult business conditions we face in certain segments.

While we still prefer to conclude a negotiated transaction with Willamette, their refusal to discuss a combination has forced us to take our offer directly to Willamette shareholders.

We will continue to seek additional opportunities to unlock the value of our portfolio.

These are the first, but by no mean the final steps.

These actions support our strategy of matching supply to demand and serving customers from our most efficient, cost-effective facilities.

As part of a strategic review of our businesses operating in structurally challenged segments of the industry, we have determined the Prince Albert mill is no longer a strategic fit for Weyerhaeuser.

This announcement marks an important milestone in our ongoing strategic review. We remain committed to seeking the best alternatives to create value for shareholders.